I love reading everyone's RMHB investment story.
I bought my first shares of THCZ in 10/2015 for .0833. Watched the tic change to RMHB and the stock go up and down, and added shares here and there when I thought the price was cheap. After the whole Li debacle, I committed to holding my shares until the stock either went to zero, or until it made me rich. At the time I had @ 500,000 shares.
I have followed the stock and this board almost daily since the new management team has been in place. When the previous management team and Li deal imploded, I thought it was the worst thing that could happen to the stock. Now, I think it's possibly the best thing that could have happened, because it led us to where we are today. I've added significantly to my position since, and get more and more excited with each podcast and couldn't be happier with the path this company has chosen. I currently hold 3.1 million shares, at an average of .0185.
I'm currently 45 years old, and have been investing in stocks since my mid 20's. I've owned several penny stocks in that time. Some went up, some went down, and a few went to zero! They are a huge risk, but like most here, I feel the added risk is well worth the potential added reward. My most successful one was a penny stock that sold tickets online, which was not nearly as common as it is now...I think it was Tickets.com. Like all penny stocks I invest in, I thought the company had a great idea with HUGE potential . Not long after I bought it, they received a contract to exclusively sell tickets online for the upcoming Olympic games, and the stock shot up almost 70% overnight. Very shortly thereafter, it was bought out by one of the big guys, like Ticketmaster or something like that, for another 40% or so premium. I received matching shares of the big company stock to yield the 40% premium value. I more than doubled my money in about a 3.5 month span, which was great, but it wasn't what I wanted. I wanted 10 to 20 to 50 times return. So, when I see people on here hoping Coke or someone big will buy out RMHB, I'm not in agreement. We do not want that, in my opinion. They will pay a premium, we will get a number of shares that matches the premium dollar value, then we'll only have the potential of a mature stock, ie Coke cannot see a 10 or 100 fold increase in their stock in a year or two, but RMHB can, in my opinion. And Coke or anyone else will not pay 10 times for the company. They may pay two times.
Anyway, this penny stock has more going for it and more upward potential than any I have ever seen, and I feel it may be my one and only chance (in my lifetime) to be in on this type of potentially huge market with a company on the ground floor at an incredibly low price. That's why I've invested so much, and I'm sure why others have as well.
I hope this Mexico deal is finalized soon, as I think the timing now is so right. With all the speculation of who Coke might choose as their partner to explore this market, and everyone looking for the next big play in the cannabis/CBD markets stock-wise, it's like the recipe for the perfect storm. A well orchestrated PR of RMHB announcing the largest deal in CBD infused beverage history, as well as us basically making history as the first and only company to get COFEPRIS approval for the sale of CBD infused beverages in Mexico, could send this thing off like a rocket.
I've seen many concerned about the share structure, which I was as well, but I've also seen some of these cannabis and hemp stocks run into the 1.5 billion market cap range, which is @ $1 per share for us, with the current number of shares outstanding, so it's not unrealistic to think we can at least get to there. And if we have a buyback or retirement of shares won back via the lawsuit, who knows where we'll be.
All this is my personal experience and my opinion, of course. Best of luck to all longs here. I think we've chosen the right penny stock in a potentially huge market at just the right time. I'll be cracking a cold one with Mr. Vega for the celebration when this takes off, even if I don't know him personally, and he's in TX and I'm in PA.
I bought my first shares of THCZ in 10/2015 for .0833. Watched the tic change to RMHB and the stock go up and down, and added shares here and there when I thought the price was cheap. After the whole Li debacle, I committed to holding my shares until the stock either went to zero, or until it made me rich. At the time I had @ 500,000 shares.
I have followed the stock and this board almost daily since the new management team has been in place. When the previous management team and Li deal imploded, I thought it was the worst thing that could happen to the stock. Now, I think it's possibly the best thing that could have happened, because it led us to where we are today. I've added significantly to my position since, and get more and more excited with each podcast and couldn't be happier with the path this company has chosen. I currently hold 3.1 million shares, at an average of .0185.
I'm currently 45 years old, and have been investing in stocks since my mid 20's. I've owned several penny stocks in that time. Some went up, some went down, and a few went to zero! They are a huge risk, but like most here, I feel the added risk is well worth the potential added reward. My most successful one was a penny stock that sold tickets online, which was not nearly as common as it is now...I think it was Tickets.com. Like all penny stocks I invest in, I thought the company had a great idea with HUGE potential . Not long after I bought it, they received a contract to exclusively sell tickets online for the upcoming Olympic games, and the stock shot up almost 70% overnight. Very shortly thereafter, it was bought out by one of the big guys, like Ticketmaster or something like that, for another 40% or so premium. I received matching shares of the big company stock to yield the 40% premium value. I more than doubled my money in about a 3.5 month span, which was great, but it wasn't what I wanted. I wanted 10 to 20 to 50 times return. So, when I see people on here hoping Coke or someone big will buy out RMHB, I'm not in agreement. We do not want that, in my opinion. They will pay a premium, we will get a number of shares that matches the premium dollar value, then we'll only have the potential of a mature stock, ie Coke cannot see a 10 or 100 fold increase in their stock in a year or two, but RMHB can, in my opinion. And Coke or anyone else will not pay 10 times for the company. They may pay two times.
Anyway, this penny stock has more going for it and more upward potential than any I have ever seen, and I feel it may be my one and only chance (in my lifetime) to be in on this type of potentially huge market with a company on the ground floor at an incredibly low price. That's why I've invested so much, and I'm sure why others have as well.
I hope this Mexico deal is finalized soon, as I think the timing now is so right. With all the speculation of who Coke might choose as their partner to explore this market, and everyone looking for the next big play in the cannabis/CBD markets stock-wise, it's like the recipe for the perfect storm. A well orchestrated PR of RMHB announcing the largest deal in CBD infused beverage history, as well as us basically making history as the first and only company to get COFEPRIS approval for the sale of CBD infused beverages in Mexico, could send this thing off like a rocket.
I've seen many concerned about the share structure, which I was as well, but I've also seen some of these cannabis and hemp stocks run into the 1.5 billion market cap range, which is @ $1 per share for us, with the current number of shares outstanding, so it's not unrealistic to think we can at least get to there. And if we have a buyback or retirement of shares won back via the lawsuit, who knows where we'll be.
All this is my personal experience and my opinion, of course. Best of luck to all longs here. I think we've chosen the right penny stock in a potentially huge market at just the right time. I'll be cracking a cold one with Mr. Vega for the celebration when this takes off, even if I don't know him personally, and he's in TX and I'm in PA.
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